Telefonica's Spain Sales Rebound Fails to Reassure InvestorsBy
Latin America posts declines amid Colombia, Brazil slowdown
Spain earnings slip even as sales rise for 1st time since 2008
Telefonica SA’s stemming of a seven-year revenue decline in Spain failed to convince investors a rebound is sustainable, while earnings from Latin America slipped as regional currencies weakened against the euro during the third quarter. The stock fell.
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